MP urges President Uhuru to sign the finance bill 2018

Written By: Kevin Wachira

Gilgil MP Martha Wangare is confident that fuel prices will go down after President Uhuru Kenyatta signs the finance bill 2018 which suspended the 16 per cent VAT on fuel till 2020.

KBC Radio_KICD Timetable

Speaking during the Gilgil football tournament, the lawmaker also welcomed Deputy President William Ruto’s commitment that the executive will engage parliament over the same.

Also Read  Kenya will remain a strong voice for Africa on the UN Security Council, President Kenyatta says

The MP the increase will impact negatively to the prices of basic commodities adding that there was no need to put pressure on Kenyans who are already overburdened.

Also Read  Lewis Nguyi appointed new NHIF chairperson

Ruto has however called for calm saying the Government will engage Parliament on the best way forward over the matter.

Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153

Similar sentiments were expressed by the Kenya association of manufacturers which says increasing fuel prices will undermine the government’s ambition to boost manufacturing sector.

Also Read  Mental illness cases on the rise, CAS Nadia Ahmed warns

In a statement, Kenya association of manufacturers head of policy Job wanjohi says ‘The business environment in Kenya is increasingly becoming costly, and a great disincentive for Foreign Direct Investment.’



Tell Us What You Think